Mitigation

Part of an risk strategy is to have a mitigation strategy if the controls you put in place to prevent the hazard from occurring don’t work.  How do you minimize the impact?

How about a confession seminar?

“Prison-Bound KPMG Ex-Partner Remorseful for Insider Tips,” Wall Street Journal, June 26, 2014 C3 http://on.wsj.com/1o8xvvO Convicted felon makes a few bucks before going to prison (for 14 months) following conviction for insider trading.  He’s giving seminars as part of the CLE for CPAs.

What’s your mitigation strategy?

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Filed under Controls, Internal controls, Risk, Uncategorized

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